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The balance in the investment fluctuation fund, after meeting the loss on revaluation of investments, at the time of admission of a partner will be transferred to1) The old partners’ capital account2) The revaluation Account3) The General Reserve4) None of the above
The balance in the investment fluctuation fund, after meeting the loss on revaluation of investments, at the time of admission of a partner will be transferred to1) The old partners’ capital account2) The revaluation Account3) The General Reserve4) None of the above
1) The old partners’ capital account